Co-op
This coverage examines Co-op’s operations, strategy, and role within the UK retail and convenience sector. Reporting covers store performance, product ranges, sustainability initiatives, community programmes, financial results, and leadership decisions. Focused on commercial and operational impact, it offers insights for retail executives and managers engaged in grocery, convenience, and ethical retailing.
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Mar- 2023 -28 MarchSupermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to the latest figures from Kantar, grocery price inflation reached 17.5%, adding £837 to the average household’s annual bill, with prices rising fastest in eggs, milk and cheese. Across the retailers,…
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28 MarchNews
Matalan appoints new CEO and chair
Leading omnichannel fashion and homeware retailer Matalan has announced the appointment of Jo Whitfield OBE as CEO of the company and Karl-Heinz Holland as chair. Holland previously spent 23 years at Lidl Group, six of those as CEO. He also served as CEO of DIA Group, a leading network of…
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15 MarchNews
Asda’s purchase of Co-op’s petrol stations could increase prices, CMA finds
The Competition and Markets Authority (CMA) has revealed that Asda’s acquisition of 132 petrol stations owned by Arthur Foodstores Limited could cause competition concerns in 13 UK locations. Arthur is a special purpose transaction vehicle created by Co-operative Group Limited, the Co-op, to sell its 132 petrol stations, with attached…
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8 MarchPeople Moves
Co-op hires new chief financial officer
The Co-op has announced the appointment of Rachel Izzard as chief financial officer and a member of the Co-op Group board. Izzard will take up the position from current interim CFO Mike Hazell. Prior to this role, Izzard held a number of senior leadership and CFO positions, including IFA Cargo,…
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Feb- 2023 -23 FebruaryClothing & Shoes
Former Co-op chief emerges as frontrunner to become Matalan CEO
Jo Whitfield, the former Co-op supermarkets chief, has reportedly emerged as a frontrunner to run Liverpool-based fashion retailer brand Matalan, according to Sky News. The outlet reports that following her decision to step down as the Co-op’s food chief last year, Whitfield is now in detailed talks with Matalan’s new…
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1 FebruarySupermarkets
Grocery Price inflation hits record 16.7%
Grocery price inflation hit a record 16.7% in the four weeks to 22 January 2023, according to Kantar, the highest level since it started tracking the figure in 2008. Overall take-home grocery sales rose by 5.7% during the 4 week period and by 7.6% over the 12 weeks. Aldi was…
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Jan- 2023 -25 JanuaryFeatures
What makes a successful retail leader?
It is undeniable that the retail industry has gone through a rollercoaster of a year; footfall has mostly stayed low despite business owners’ attempts at luring customers to the high street and an unprecedented rise in the cost of living has made consumer discretionary spending more discerning. Under these circumstances,…
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23 JanuarySupermarkets
Asda owners eye potential £13bn EG Group merger
Asda owners Mohsin and Zuber Issa are reportedly considering merging the company with the EG Group ahead of EG’s £7bn refinancing in 2025, according to the Times. Both companies are jointly owned by the blackburn-based brothers and private-equity company TDR Capital. The owners hope that by merging the businesses they…
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18 JanuarySupermarkets
Inquiry launched into Asda’s takeover of Co-op forecourt business
The Competition and Markets Authority (CMA) has launched an investigation into Asda’s acquisition of Co-op’s petrol forecourt business. Last year, Co-op agreed to sell the business to Asda in a £600m deal. The transaction included 132 grocery retail sites with attached petrol stations. At the time, Asda said the move…
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Dec- 2022 -16 DecemberSupermarkets
Co-op launches partnership with Just Eat
Just Eat has teamed up with Co-op to launch an on-demand online delivery partnership. Initially rolling-out to 50 stores early next year, the service is expected to expand to over 1,000 Co-op stores by Spring 2023. Amy Heather, strategic accounts director, Just Eat UK, said: “We’re excited to launch our…
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